Twinbeech Capital LP Buys Shares of 72,762 Papa Johns International, Inc. (NASDAQ:PZZA)

Twinbeech Capital LP acquired a new stake in Papa Johns International, Inc. (NASDAQ:PZZA - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 72,762 shares of the company's stock, valued at approximately $2,988,000. Twinbeech Capital LP owned approximately 0.22% of Papa Johns International at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in PZZA. Arrowstreet Capital Limited Partnership lifted its position in shares of Papa Johns International by 117.3% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,118,403 shares of the company's stock valued at $45,933,000 after acquiring an additional 603,650 shares in the last quarter. Point72 Asset Management L.P. acquired a new position in shares of Papa Johns International during the 4th quarter valued at about $17,328,000. Segall Bryant & Hamill LLC increased its holdings in shares of Papa Johns International by 131.4% during the 4th quarter. Segall Bryant & Hamill LLC now owns 576,329 shares of the company's stock valued at $23,670,000 after acquiring an additional 327,300 shares during the last quarter. Boothbay Fund Management LLC grew its stake in Papa Johns International by 124.8% in the 4th quarter. Boothbay Fund Management LLC now owns 540,694 shares of the company's stock valued at $22,206,000 after buying an additional 300,138 shares during the last quarter. Finally, Long Focus Capital Management LLC acquired a new position in Papa Johns International in the 4th quarter valued at $7,393,000.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. Northcoast Research raised shares of Papa Johns International to a "hold" rating in a report on Monday, March 3rd. Stephens reiterated an "overweight" rating and set a $50.00 price target on shares of Papa Johns International in a research report on Thursday, May 8th. Benchmark reaffirmed a "buy" rating and issued a $50.00 price target on shares of Papa Johns International in a research note on Monday, May 12th. UBS Group cut their price objective on shares of Papa Johns International from $45.00 to $38.00 and set a "neutral" rating on the stock in a research report on Monday, May 5th. Finally, Wedbush reiterated an "outperform" rating and issued a $60.00 price objective on shares of Papa Johns International in a report on Friday, February 28th. Seven equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $51.25.

Papa Johns International Stock Performance

NASDAQ:PZZA traded down $0.28 during trading hours on Friday, reaching $42.25. The stock had a trading volume of 515,805 shares, compared to its average volume of 1,222,926. The stock has a market capitalization of $1.38 billion, a PE ratio of 14.72, a PEG ratio of 2.41 and a beta of 1.09. The company has a 50 day moving average price of $37.09 and a two-hundred day moving average price of $41.79. Papa Johns International, Inc. has a 52 week low of $30.16 and a 52 week high of $60.75.

Papa Johns International (NASDAQ:PZZA - Get Free Report) last announced its earnings results on Thursday, May 8th. The company reported $0.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.03. The company had revenue of $518.31 million for the quarter, compared to analyst estimates of $512.48 million. Papa Johns International had a negative return on equity of 19.61% and a net margin of 4.51%. The firm's quarterly revenue was up .9% compared to the same quarter last year. During the same period in the prior year, the company posted $0.67 EPS. Equities research analysts predict that Papa Johns International, Inc. will post 2.19 EPS for the current year.

Papa Johns International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 30th. Stockholders of record on Monday, May 19th will be paid a $0.46 dividend. The ex-dividend date is Monday, May 19th. This represents a $1.84 dividend on an annualized basis and a dividend yield of 4.36%. Papa Johns International's payout ratio is presently 78.30%.

Papa Johns International Company Profile

Papa John's International, Inc engages in the operation and franchise of pizza delivery and carryout restaurants. It operates through the following segments: Domestic Company-owned Restaurants, North America Franchising, North America Commissaries, International Operations, and All Others. The Domestic Company-Owned Restaurants segment consists of retail sales of pizza and side items, breadsticks, cheese sticks, chicken poppers and wings, dessert items, and canned and bottled beverages.